Karachi: The Board of Directors of Pakistan Reinsurance Company Limited (PRCL) is scheduled to convene on August 29, 2024, in Karachi to review and consider the Half Yearly Accounts for the period ending June 30, 2024. The meeting will also address the potential declaration of any entitlements.

In compliance with the Pakistan Stock Exchange (PSX) regulations, the company has declared a "Closed Period" starting from August 22, 2024, and continuing through August 29, 2024. During this period, no Director, Chief Executive Officer (CEO), or Executive of the company is permitted to engage in any direct or indirect transactions involving the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), the Closed Period is in accordance with Clause 5.6.4 of the PSX Regulations, which mandates that corporate insiders abstain from trading the company's shares to prevent any potential conflicts of interest or misuse of undisclosed information.

The PRCL has informed the TRE Certificate Holders of the Exchange about the scheduled board meeting and the enforcement of the Closed Period.